One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry
22.12.2022
Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter.
On Wednesday, the firm filed for Chapter 11 bankruptcy protection in Texas....
Binance Launches Blockchain Education Program in Kazakhstan
22.12.2022
Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the blockchain course will be added to the curricula of higher education institutions across the country. Binance Exchange to Help...
Federal Reserve raises interest rates by 0.5%. What does this mean for Chainlink (LINK) and crypto dark horse Orbeon Protocol (ORBN)?
22.12.2022
The US Federal Reserve has raised interest rates by 0.5%, a move that impacted Chainlink (LINK) heavily, as it struggled to find footing and slipped more than 11% following the FEDs decision. Orbeon Protocol (ORBN), a platform that mints fractionalized NFTs representing equity, is predicted to...
FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
22.12.2022
Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday
Frozen bank account triggers switch to Bitcoin salary for a whole year
22.12.2022
How a frozen bank account led one Bitcoin advocate to experiment with living on the Bitcoin Standard
Bitcoin Is Leading Indicator for S&P 500, Past Data Show
22.12.2022
The cryptocurrency tends to bottom out weeks ahead of the S&P 500, research by Delphi Digital shows
Alameda's Caroline Ellison and FTX's Gary Wang hit with additional fraud charges
22.12.2022
Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
22.12.2022
Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney's office
Bitcoin Price and Ethereum Prediction; Paxful Delists Ethereum
22.12.2022
During the Asian session on December 22, Bitcoin price prediction remains bearish below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Similarly, Ethereum has also remained mostly unchanged at $1,220. Ethereum (ETH) has been delisted from...
British Columbia to halt new power connections for crypto miners
22.12.2022
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations
US senator Toomey introduces stablecoin bill as congressional session wraps up
22.12.2022
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session